| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $391M | $352M | $335M | 11.2% | 16.7% |
| Op. Income | $67M | $63M | $47M | 5.7% | 44.0% |
| Gross Margin | 78.4% | 77.5% | 74.5% | 0.9pp | 3.9pp |
| Net Margin | 13.7% | 9.9% | 2.9% | 3.8pp | 10.7pp |
| EPS (Diluted) | $0.46 | $0.30 | $0.08 | 53.3% | 450.9% |
| Free Cash Flow | $29M | $88M | $50M | -66.9% | -42.1% |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $306M |
| R&D Expenses | $70M |
| Selling & Marketing | $116M |
| General & Administrative | $46M |
| SG&A Expenses | $162M |
| Other Expenses | $8M |
| Operating Expenses | $239M |
| Cost & Expenses | $324M |
| OPERATING INCOME | $67M |
| Interest Income | $600.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $29M |
| EBIT | $67M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $391M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $306M |
| R&D Expenses | $70M |
| Selling & Marketing | $116M |
| General & Administrative | $46M |
| SG&A Expenses | $162M |
| Other Expenses | $8M |
| Operating Expenses | $239M |
| Cost & Expenses | $324M |
| OPERATING INCOME | $67M |
| Interest Income | $600.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $29M |
| EBIT | $67M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$120M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$532.0K |
| NET CASH FROM FINANCING | -$111M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $28M |
| Net Receivables | $415M |
| Inventory | $0 |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $833M |
| PP&E (Net) | $251M |
| Goodwill | $1.6B |
| Intangible Assets | $238M |
| Long-Term Investments | $31M |
| Tax Assets | $191M |
| Other Non-Current Assets | $213M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $417M |
| Other Current Liabilities | $101M |
| TOTAL CURRENT LIABILITIES | $681M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.2B |
| Net Debt | $945M |
